Scottish independence will work as currency competition laboratory – Australian central bank staffer July 2, 2014 If the Scots vote for independence this September, the country could be a testing ground for currency competition, according to the Reserve Bank of Australia's assistant governor, Guy Debelle. But Debelle cautioned today that private issuance of competing currencies in Scotland has been tried before, and while it worked well for a spell, was [...]
Top startups in call to keep London #1 European tech hub September 2, 2014 London's top startups and venture capital firms will today urge the UK government to relax rules and taxes in order to maintain the capital’s status as the top European tech hub. The so-called Startup Manifesto – written by policy group Coalition for a Digital Economy (Coadec) led by former government adviser Guy Levin – [...]
Bitcoin price hits $500 as demand soars for virtual currency in China November 18, 2013 VIRTUAL currency Bitcoin soared over $530 to a new record high on the Mt Gox, one of the currency’s largest exchanges last night – almost doubling its value in the last 12 months. The recent surge has been largely attributed to the digital currency’s rising popularity in China, where investors are becoming increasingly interested in [...]
Norwegian turns his Bitcoins into prime real estate October 29, 2013 FAST-GROWING cryptocurrency Bitcoin has been described as a fad used notably by those indulging in illicit endeavours. But try telling that to Norwegian Kristoffer Koch, who has just taken advantage of their rocketing price to buy a house in Oslo for less than 150 Norwegian Krone (£15.80). Koch’s interest in encryption led him to spend [...]
Nextcoin lands major endorsement at London’s PayExpo June 11, 2014 Nextcoin (NXT), the world's third largest cryptocurrency, has received a welcome endorsement from one of the biggest digital currency payment platforms – GoCoin. Speaking at the PayExpo conference in London, co-founder of Cointropolis John Manglaviti, announced that merchants will be able to integrate NXT via the GoCoin plugin into shopping carts such as PrestaShop, Opencart, [...]
Darkcoin: The cryptocurrency putting privacy first | City A.M. May 12, 2014 One of the newest cryptocurrencies has been experiencing a surge in recent days. Created on 18 January 2014, Darkcoin has seen its price jump from $1.65 last Thursday to $2.58 today, while its market capitalisation has boomed from less than $7m to more than $11m. This new cryptocurrency has not been been created to lower [...]
Darkcoin: The cryptocurrency putting privacy first | City A.M. May 12, 2014 One of the newest cryptocurrencies has been experiencing a surge in recent days. Created on 18 January 2014, Darkcoin has seen its price jump from $1.65 last Thursday to $2.58 today, while its market capitalisation has boomed from less than $7m to more than $11m. This new cryptocurrency has not been been created to lower [...]
Darkcoin: The cryptocurrency putting privacy first May 12, 2014 One of the newest cryptocurrencies has been experiencing a surge in recent days. Created on 18 January 2014, Darkcoin has seen its price jump from $1.65 last Thursday to $2.58 today, while its market capitalisation has boomed from less than $7m to more than $11m. This new cryptocurrency has not been been created to lower [...]
Bitcoin clears $1,000 barrier – but why is this radical alternative currency worth so much? November 27, 2013 The crytocurrency Bitcoin has just breached the psychologically significant $1,000 level. Many have compared the virtual currency's rise to the tulip bulb mania of the 1600s. It suffered a severe correction in April when it lost more than half of its value in days after climbing to over $220. The unconventional means of exchange has [...]
Here’s why privacy centered Darkcoin is surging May 14, 2014 Privacy focused cryptocurrency Darkcoin has seen its price surge by 19 per cent in the last 24 hours. One Darkcoin is now worth $3 and the digital currency has reached a market capitalisation of $12.8m. The rise comes fresh after the launch of an updated version of its payment system Darksend. Named release candidate two [...]